by The Phoenix The markets are bouncing today, but nothing has been resolved. The technical damage from the last few weeks has been horrific. The two most heavily weighted sectors in the S&P 500 (Tech and Healthcare) are in confirmed downtrends. Tech (XLK) has broken below its 50-DMA. It also as a sell on its weekly … Read more
From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Asian gold demand is picking up, EVs as the biggest driver of silver’s gains, and amateur divers stumble upon antique gold coins. How a housing crisis is joining seasonal demand to give … Read more
The higher ups at Robinhood were involved in illegal trading amongst other things and here is more proof. They essentially robbed their very own users. Have fun in prison! Title: actually 2 days before, but he knew what he was doing. Wanted to get out before the crash that they orchestrated with Citadel and … Read more
by Chris Black Honestly, there are some days I regret having given up drinking. Washington Worries Spark Dollar Buying-Panic; Bitcoin & Bullion Dive https://t.co/XF4p1VpZzs — zerohedge (@zerohedge) September 29, 2021
by Chris Black The Polish government is reversing its anti-LGBT laws out of fear of losing European Union funding. Expect similar to happen in Hungary. More than 100 Polish provinces and municipalities passed anti-gay and anti-trans resolutions in 2019, declaring themselves "LGBT-free." Now, they're backing down after the EU threatened to cut off funding.https://t.co/GpJ1LDFV4B — … Read more
by Chris Black Based Poland! This is awesome. Muslim so-called “refugees” are trying to enter Poland from Belarus who helps them, because they want to destabilize Poland, which is very anti-Russian. Belarus is a satellite of Russia. To counter the leftist “muh refugees” propaganda, Polish ministry publicly showed content of their phones, showing photos of … Read more
Comment: Quits his job, doesn’t want a new one, and goes on a date with Jen Aniston, All in one day. What a legend.
By Egon von Greyerz From ancient Sumer to the Roman, Spanish, and British empires, one truth has been immutable throughout human history: Debt destabilizes and destroys mighty nations. While technology, globalization, and other innovations add new features to all-too-familiar catastrophes, outcomes remain monotonously predictable. In the words of Mark Twain, “history doesn’t repeat, but it often rhymes.” … Read more
by confoundedinterest17 I call this “lending into the storm.” A national mortgage lender has just introduced a 105 Loan-to-value (LTV) ratio loan and a lowering of FICO scores from 660 to 620. Now, the loan still requires 97% LTV with downpayment assistance and gift funds permitted to boost CLTV to 105%. With The Fed helping to raise … Read more
